Thanks, this is an amazing historical note! Will learn in detail. My intuition a... | Hacker News

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		artk42 3 months ago \| parent \| context \| favorite \| on: Terence Tao: The role of small organizations in so... Thanks, this is an amazing historical note! Will learn in detail. My intuition advises that efficient antimonopoly is the battle we are losing..

pas 3 months ago [–]

also note that having arbitrary lines on maps led to very inefficient banking and healthcare (and telecom) markets

it's protectionism, and led to ~50 monopolies (or oligopolies) instead

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